Womens Fund Of Greater Chattanooga
- Assets
- $640.0k
- Revenue
- $241.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Chattanooga, TN
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 46-5020109
Organization Overview
Womens Fund Of Greater Chattanooga is located in Chattanooga, TN. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Womens Fund Of Greater Chattanooga employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Greater Chattanooga is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Womens Fund Of Greater Chattanooga generated $241.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $275.7k during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE LIVES OF WOMEN AND GIRLS IN TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING: THE WOMEN'S FUND'S COLLECTIVE PHILANTHROPY ARM, THE NIGHTINGALE NETWORK, AWARDED $10,000 TO CHATTANOOGA ROOM IN THE INN'S SHELTER TO STABILITY PROGRAM. THE PROGRAM PROVIDES A SAFE AND SUPPORTIVE PLACE FOR HOMELESS WOMEN AND CHILDREN TO LIVE, ALONG WITH RESOURCES NEEDED TO MOVE TOWARD STABILITY AND TO FIND PERMANENT, SAFE HOUSING. THE ULTIMATE GOAL OF THE PROGRAM IS FOR WOMEN AND CHILDREN TO NEVER BE HOMELESS AGAIN. WE ALSO GRANTED $3,640 TO BOTH THE CHAMBLISS CENTER FOR CHILDREN AND SIGNAL CENTERS' FAMILY FORWARD PROGRAM TO SUPPORT THEIR MISSIONS.
COLLABORATION: CONTINUED TO WORK WITH PARTNERS ACROSS THE STATE TO ELIMINATE THE BARRIERS TO WOMEN AND GIRLS. PARTNERS INCLUDE THE CHATTANOOGA MAYOR'S COUNCIL FOR WOMEN; PARTNERSHIP FOR FAMILIES, CHILDREN AND ADULTS; CHILDREN ADVOCACY CENTER; HEALTHY AND FREE TENNESSEE; A BETTER BALANCE; AND AWAKE TENNESSEE. WE CONTINUED THE WORK OF THE TENNESSEE WOMEN'S FUND ALLIANCE, BEGINNING TO PLAN OUR NEXT CAMPAIGN.
ADVOCACY: THE WOMEN'S FUND RESEARCHED ISSUES, WROTE LEGISLATION, FOLLOWED THE LEGISLATIVE WORK OF THE GENERAL ASSEMBLY, CREATED A LEGISLATIVE PRIORITY LIST, AND ISSUED CALLS TO ACTION ON BILLS. WE CONTINUED OUR COMPREHENSIVE WORK TO IMPROVE THE STATUS OF WOMEN AND GIRLS IN TENNESSEE. EIGHT OF OUR PRIORITY BILLS PASSED, AND WE HELD OFF CHALLENGES TO PAST GAINS, SUCH AS AN ATTEMPT TO ROLL BACK RESTRICTIONS ON CHILD COERCED MARRIAGE. OUR BILL TO ADD ECONOMIC ABUSE TO THE TENNESSEE CODE FOR DOMESTIC VIOLENCE WAS PASSED. WE SAW SUCCESSES WITH IMPORTANT PIECES OF LEGISLATION SUCH AS ADVANCES IN CONFIDENTIALITY FOR HUMAN TRAFFICKING SURVIVORS. WE HELD A DAY ON THE HILL TO NASHIVILLE, TRANSPORTING WOMEN AND GIRLS FROM OUR AREA TO NASHVILLE TO ENGAGE IN THE LEGISLATIVE PROCESS AND MEET LEGISLATORS. WE CONDUCTED A PERIOD PRODUCT DRIVE TO STOCK THE LOCAL SCHOOL DISTRICTS CARE CLOSETS AT SCHOOLS ACROSS THE DISTRICT AS PART OF OUR PERIOD POVERTY AWARENESS WORK AND PROVIDED AN EDUCTIONAL WEBINAR ON MENSTRUAL HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachael Sauceman Board Chair | OfficerTrustee | 8 | $0 |
Sophie Moore Vice Chair | OfficerTrustee | 1 | $0 |
Leah Gerbitz Immediate Past Chair | OfficerTrustee | 1 | $0 |
Beth Simon Secretary | OfficerTrustee | 2 | $0 |
Liz Wilson Treasurer | OfficerTrustee | 4 | $0 |
Cory Allison Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $50,159 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,752 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,911 |
| Total Program Service Revenue | $0 |
| Investment income | $13,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24 |
| Net Income from Fundraising Events | $9,268 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,280 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,785 |
| Compensation of current officers, directors, key employees. | $8,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,904 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,613 |
| Payroll taxes | $10,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,936 |
| Advertising and promotion | $3,450 |
| Office expenses | $4,394 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,617 |
| Travel | $264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $566 |
| Insurance | $3,008 |
| All other expenses | $6,026 |
| Total functional expenses | $275,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,980 |
| Savings and temporary cash investments | $239,520 |
| Pledges and grants receivable | $18,725 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $805 |
| Investments—publicly traded securities | $261,953 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $639,983 |
| Accounts payable and accrued expenses | $4,665 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,665 |
| Net assets without donor restrictions | $598,595 |
| Net assets with donor restrictions | $36,723 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $639,983 |